On value-creating of knowledge capital: Theoretical model and case study

Author

Wang, Kaiming

Author_Institution

China Univ. of Geo-Sci., Wuhan, China

fYear

2009

fDate

21-23 Oct. 2009

Firstpage

1784

Lastpage

1788

Abstract

The firm´s profit is up to the market demand curve and the cost curve, which is affected by all kinds of knowledge capital that are employed by the firm, including technology capital, organization capital and market capital. It is demonstrated by a model that all kinds of knowledge capital depend on one another in value creation, and the firm´s profit will be maximal in case that the production scale based on organization capital and the market size based on market capital match well. A case implies that the firm´s competitive advantage will be lost even if one kind of knowledge capital is insufficient, and confirms the conclusion derived from the model.

Keywords

demand forecasting; knowledge management; marketing; value engineering; cost curve; knowledge capital; market capital; market demand curve; organization capital; production scale; technology capital; theoretical model; value creation; Contracts; Costs; Electronic mail; Production; Protection; Psychology; Competitive Advantage; Knowledge Capital; Value Creation;

fLanguage

English

Publisher

ieee

Conference_Titel

Industrial Engineering and Engineering Management, 2009. IE&EM '09. 16th International Conference on

Conference_Location

Beijing

Print_ISBN

978-1-4244-3671-2

Electronic_ISBN

978-1-4244-3672-9

Type

conf

DOI

10.1109/ICIEEM.2009.5344317

Filename

5344317